Starting the recruitment agency decision

The new recruitment agency needs realistic goals before the founder starts to set the whole agency and its business. Many research questions have to be asked and the answers have to be collected before the founder makes the final decision, which should be GO/NO GO.

The setting of
the recruitment agency is about many realistic assumptions. The recruitment
agencies disappear quickly and there is no enough business for all of them. The
number of job applicants is limited and the number of companies as well. The
newcomer does not create a new market; it has to compete with other recruitment
agencies for the income.

The founder has
to decide about the competitive advantage of the recruitment agency. The
competitive advantage has to be set and properly analyzed, why the competitors
fail in delivering such an advantage.

Usually, the
other recruitment agencies had the same idea at the particular moment of their
growth, but they abandoned such a goal or they failed in meeting it. Why? It is
the basic question.

The founder has
to analyze the potential of the client base to generate enough job vacancies to
reach the income, which will allow to pay employees, services and to generate
the profit as the recruitment agency should not run as the nonprofit
organization.

The number of
the job vacancies is always overestimated and the success rate of the
recruitment agency is overestimated as well. There is no recruitment agency,
which fills all the vacancies. For the business case, it is always better to
count with a lower success rate than higher as the business case model in MS
Excel differs too much from the reality.

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HR News

New HR Management Site

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HR Project Progress - April 2011

April webtraffic results added to document my progress. You can find interesting facts about the website statistics at this page.

March 2011 Statistics

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100 Unique Visitors/Day

A small personal goal was reached. Started to attract more than 100 unique visitors a day. The next milestone is 1 000.

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